7WAVES AS: årsregnskap 2016 vs 2015
Shrank 10% on revenue
approved 2017-06-02; registry 2017-06-15; journal 2017 458345
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 7WAVES AS. Revenue 7.45m NOK → 6.71m NOK (-9.8%). Equity 1.35m NOK → 1.80m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 7WAVES AS.
At a glance
Scorecard
Revenue
7.45m NOK
6.71m NOK
-9.8%
Equity
1.35m NOK
1.80m NOK
+33.2%
Cash
1.08m NOK
1.67m NOK
+54.4%
Total assets
2.32m NOK
3.32m NOK
+43.6%
What improved
-
↑
Equity strengthened
Book equity 1.35m NOK → 1.80m NOK (equity ratio 58.3% → 54.1%). Calculated
-
↑
Cash rose
Bank deposits 1.08m NOK → 1.67m NOK (+54.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.45m NOK to 6.71m NOK (-9.8% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 2.52m NOK → 1.25m NOK (-50.4% YoY). Calculated